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$18.6B in Bitcoin options expire Friday: Should traders prepare for $75K BTC?

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 68 Views

$18.6B in Bitcoin options expire Friday: Should traders prepare for $75K BTC?

Bitcoin bulls face an uphill battle to turn the March options expiry in their favor, requiring a 6% price rally to $75,000 before Friday.

Key takeaways:

Over 90% of Bitcoin call options may expire worthless if the price fails to break above $71,000 by Friday.

Traders fear rising inflation and worsening credit conditions as the US and Israel-Iran war continues.

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